40 Morgan Close, Luton, LU4 9GL is a leasehold terraced property built between 1983-1990. The property offers approximately 549 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £249,155 , which equates to approximately £454 per square foot. It was last sold on 30 Nov 2006 for £135,995. Since then, the value has increased by £113,160, representing a 83.2% increase, or approximately 4.4% per year.

The current estimated value of £249,155 is:

  • 22.1% lower than the average property price on Morgan Close
  • 2.4% lower than the average in the LU4 9GL postcode area
  • and 19.4% lower than the average price for Luton as a whole

At the most recent EPC inspection on 10 January 2022, the property was recorded as rented.

View sold house prices in LU4 9GL

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£249,155
Price Per sq ft (estimate)
£454
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Morgan Close, Luton, LU4 9GL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Jan 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 May 2017, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 9.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, filled cavity, with no change in energy efficiency (good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU4 9GL

40 th / 72
Price Rank
2% lower than average
63 rd / 66
Size Rank
25% smaller than average
7 th / 66
Price Per Sq FT Rank
31% higher than average

Compared to other properties in LU4 9GL , this flat's estimated value ranks 40th out of 72. Based on price per square foot, it ranks 7th out of 66 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 63th out of 66 properties in its postcode area.

Sale History

Today
£249,155
streetscan.co.uk estimate
+83 %
30 Nov 2006
£135,995
Leasehold
+5.8 %
30 May 2003
£128,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £189,000
sale date: 31 Jul 2023
rooms: 3
size: 614 sq ft
sale price: £182,000
sale date: 22 Apr 2022
rooms: 3
size: 603 sq ft
sale price: £154,500
sale date: 21 Oct 2014
rooms: 3
size: 624 sq ft
sale price: £113,000
sale date: 24 Nov 2010
rooms: 3
size: 603 sq ft
sale price: £135,000
sale date: 27 Aug 2010

Data Sources

The property at 40 Morgan Close, Luton, LU4 9GL appears two times in the Land Registry records, with the latest transaction recorded on 30 Nov 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jan 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.